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> Do you have any examples? A lot of stuff in the Stellar ecosystem is pretty OK. Quite a few companies operating under out of e.g. Germany or other countries

> Do you have any examples? A lot of stuff in the Stellar ecosystem is pretty OK. Quite a few companies operating under out of e.g. Germany or other countries doing e.g. remittance networks using simple stable coins. Not that glamorous but looks real enough. In general, that ecosystem seems to be generally designed to be fintech friendly. Meaning people are working with financial authorities and generally are trying to do the right thing. E.g. Bitbond is a German company doing an investment products on top of Stellar. They've been working with the German financial authorities (Bafin) and are also partnering with a few big banks. There are also plenty of traditional enterprise consultancy companies that have been working with various customers to implement e.g. blockchain based schemes for carbon trading, or solutions related to logistics or sourcing materials. Not all of that might succeed but it seems that trading/inventing some new crypto currency is not a goal with these projects. During the dot com era, it all looked like a bunch of hippies going on about digital highways and crazy stuff like that.

acdha 5y ago
> E.g. Bitbond is a German company doing an investment products on top of Stellar. They've been working with the German financial authorities (Bafin) and are also partnering with a few big banks. That's interesting, not being German I hadn't heard about them. > There are also plenty of traditional enterprise consultancy companies that have been working with various customers to implement e.g. blockchain based schemes for carbon trading, or solutions related to logistics or sourcing materials. Not all of that might succeed but it seems that trading/inventing some new crypto currency is not a goal with these projects. That last part seems to fit with what I've seen in the companies I've looked at: they were pivoting away from what the cryptocurrency people call a blockchain to a ledger restricted to known parties since they're tracking existing business relationships anyway and things like efficiency or offline/low-connectivity support are important. > During the dot com era, it all looked like a bunch of hippies going on about digital highways and crazy stuff like that. That was definitely present, but it wasn't anywhere close to a majority position by at least the middle of the decade. You definitely had the hippies but also a ton of distilled capitalism: companies seeing new businesses which weren't previously viable, companies seeing advantages from moving their business online, selling services to the previous groups, etc. The Wired crowd got a certain amount of publicity but there were an awful lot of boring companies spending considerably more money.

acdha 5y ago

> E.g. Bitbond is a German company doing an investment products on top of Stellar. They've been working with the German financial authorities (Bafin) and are also partnering with a few big banks. That's interesting, not being German I hadn't heard about them. > There are also plenty of traditional enterprise consultancy companies that have been working with various customers to implement e.g. blockchain based schemes for carbon trading, or solutions related to logistics or sourcing materials. Not all of that might succeed but it seems that trading/inventing some new crypto currency is not a goal with these projects. That last part seems to fit with what I've seen in the companies I've looked at: they were pivoting away from what the cryptocurrency people call a blockchain to a ledger restricted to known parties since they're tracking existing business relationships anyway and things like efficiency or offline/low-connectivity support are important. > During the dot com era, it all looked like a bunch of hippies going on about digital highways and crazy stuff like that. That was definitely present, but it wasn't anywhere close to a majority position by at least the middle of the decade. You definitely had the hippies but also a ton of distilled capitalism: companies seeing new businesses which weren't previously viable, companies seeing advantages from moving their business online, selling services to the previous groups, etc. The Wired crowd got a certain amount of publicity but there were an awful lot of boring companies spending considerably more money.